66801, Emporia, KS

The Emporia, KS 66801 zip code has a median home value of $130,000 and a median home equity of $109,000. This means that the majority of homes in this zip code are worth more than their original purchase price, but there are also a significant number of homes that are worth less than their original purchase price. The average home value in this zip code has increased by 5% since 2007, while the average home equity has increased by 11%.

There are several factors that may contribute to the increase in home values in the 66801 zip code over the past few years. First and foremost is the fact that Emporia is an increasingly desirable location to live in. The city has been ranked as one of the best places to live in Kansas by Forbes magazine and it continues to experience population growth thanks to its strong economy and low unemployment rate. Additionally, Emporia is located within close proximity to both Wichita and Kansas City, which makes it an attractive option for people who want to be able to easily access both metropolitan areas.

However, not everyone benefits from rising home values in the 66801 zip code. While those who own homes here have seen their property values increase significantly over time, many others have seen their incomes stagnate or decline as a result of market conditions beyond their control (e.g., inflation). In addition, there is a significant number of homes on the market in this zip code at any given time due to high demand from buyers and limited supply – which can lead to bidding wars and high prices for properties that eventually become available for sale.